Shiba Inu investors are currently facing significant losses as the price of SHIB dropped to $0.0000173, a level not seen since late February. This recent downturn has left many investors in the red, as they had bought SHIB before the last bullish wave started.
Despite this, market analysts had predicted this price decline and advised investors to see it as a good buying opportunity before the next bullish wave. With SHIB trading around $0.00001800, a $1,000 investment could buy approximately 55,340,343 SHIB tokens at the current price.
If SHIB were to eliminate three leading zeros and trade at $0.01807, representing a 99,900% price surge, a $1,000 investment could potentially reach $1 million. While SHiba Inu has experienced impressive price increases in the past, the likelihood of a similar rapid surge is low.
Prediction platforms like Telegaon and Changelly suggest that Shiba Inu could eliminate three more zeros over the next sixteen years. Telegaon has projected a value of $0.054 for SHIB by 2040, indicating that investors may need to wait for around two decades to cash out $1 million from their Shiba Inu investment.
